I think $87.50

Has no effect on currency only oil. Less investory is bullish because supply is lower and prices usually are higher.

Expensive oil in a crappy economy won't last. When stocks tank oil will go with it.

The downtrend will begin this week as demand destruction starts because of high prices and a stronger dollar.

I'm looking for the reversal because at that inflection point put options are at the cheapest price and they become very expensive as the instrument reverses.

We are in the same zone. I see $95.38 as a high in early January 2022. This is getting scary for Europe and soon the U.S. The Inflation battle is being lost now. Just no denying the serious implications for lower profits for companies and less ...

Inflation numbers, CPI coming up tomorrow. Expecting an uptick. Positive again for oil. $92 is the next resistance.

It's not stopping, I was totally wrong on that short position. Oil was rising this entire time along with the US Dollar, that is how strong these moves were. Usually they are inversely correlated. Stocks in general will not be able to have any ...

I'm going short today via option contracts. There is a speculation of $100 but I think before that we should have a pull back.

Short when it hits $90

Domestic production is rising in the U.S. Higher interest rates. Yeah not bullish.

Down from here with the rest of the market.

I escaped my 2nd short position at break even. Oil rising is bad for companies and consumers again. Shorted the DOW Jones.

Still short from $76.85 via put on UCO.

I'll buy at $72 when the Fed slams stocks down on the 27th and oil goes with it.

I see a buy at $72.

Here comes the API inventory build again, short it.

Looking weak as the dollar is rising in anticipation of the next rate hike.

Almost a 6 million barrel surplus reported Wednesday. The traders will not keep buying week after week with inventory builds like that and another rate hike just 2 weeks away. Support on the daily chart does not appear until $73.50, the 200 and 100 ...

I sold at $77. My price target is the bundle of support ar $74.